Showing 1 - 10 of 32
was caused by the increased financialization of oil futures markets, which in turn allowed speculation to become a major … than the financialization of oil futures markets. …
Persistent link: https://www.econbiz.de/10011084244
Water use in the U.S. has followed a remarkable pattern since 1950, not mimicking the almost uninterrupted 110 percent … improvement in per capita GDP. After doubling between 1950 and 1980, the total volume of water withdrawn has stabilized and even ….S. to produce each dollar of its GDP with increasingly less water stems from long-term structural changes of the U …
Persistent link: https://www.econbiz.de/10011272709
In most developed countries, the provision of water is organized at a local level. The costs and tariffs vary … significantly, even between adjacent water utilities. Such heterogeneity is an obvious indication of the sector’s overall … inefficiency and stresses a need for institutional adjustments. We show that cooperation by water trade and the introduction of …
Persistent link: https://www.econbiz.de/10009493560
bottled water in France. Our empirical evidence shows that manufacturers and retailers use nonlinear pricing contracts and in …
Persistent link: https://www.econbiz.de/10005123651
retailing bottled water in France. Our empirical evidence shows that manufacturers and retailers use non linear pricing …
Persistent link: https://www.econbiz.de/10005124258
of demand parameters. We apply it to the market of bottled water in France, estimating a mixed logit demand model on …
Persistent link: https://www.econbiz.de/10008677239
investigate to what extent countries make efficient use of the very uneven water resources on a global scale. In particular, I … find that countries that are relatively water abundant tend to export more water-intensive products. This evidence supports … the hypothesis that water is a source of comparative advantage. My findings also indicate that water contributes …
Persistent link: https://www.econbiz.de/10011084338
This Paper discusses the role of public policy towards the venture capital industry. The model emphasises four margins: supply of entrepreneurs due to career choice, entry of venture capital funds and search for investment opportunities, simultaneous entrepreneurial effort and managerial advice...
Persistent link: https://www.econbiz.de/10005497714
In this paper we study the endogenous determination of minimum wage employing a political-economic game-theoretic approach. A major objective of the paper is to clarify the crucial role of the strength of the workers' union and of political culture on the determination of the minimum wage. In...
Persistent link: https://www.econbiz.de/10005497998
Income redistribution often takes highly inefficient forms, such as employment in the bureaucracy. We argue that this arises as an optimal political strategy in situations where politicians cannot commit to policies. Political exchanges between politicians and voters must be self-enforcing and...
Persistent link: https://www.econbiz.de/10005504795